STOCK EXCHANGE: Strong market sentiment – the price of almost a hundred shares rose on the main list

Global market movements have favored the Helsinki Stock Exchange on Friday. The general index OMX Helsinki ended up 1.0 percent to 9774.05 points on Friday.

On the stock exchange’s main list, 98 shares rose and 26 shares fell. On the First North list, there were 18 risers and 16 decliners.

Almost all of Vaihtokarje’s stocks were on the rise. Wärtsilä the share price turned down in the afternoon and the price fell by 1.5 percent. The tip of the switch was on the hardest rise Training (+2,8 %)

On a news-poor day Martela announced the earnings warning late in the afternoon and provided preliminary information on the turnover and operating result for 2024. Fierce competition weighed on margins and the operating loss sank deeper than the company’s guidance to around 6.3-6.7 million euros. However, the price of the little-traded stock ended at Thursday’s closing level without any price changes.

A software company Ette plan said on Thursday that it had bought the German Novacon Powertrain company. The purchase price has not been disclosed. Etteplan’s share price rose today, Friday, by 10.05 percent to 11.50 euros.

Metsä Board’s share series in opposite directions

Cardboard company Forest Boardin share series prices are moving in opposite directions today. During the beginning of the year, the difference in the price of the A share with the larger voting rights to the B series increased strongly with a small change. Today, Friday, the price of the A share has clearly fallen and the price of the B series share has risen, so the price difference has narrowed.

Metsä Board said on Thursday that it plans to close the Tako cardboard factory in the center of Tampere.

Metsä Board’s A share, which has more voting power, ended with a decrease of 6.0 percent to 6.90 euros. The price of the most traded B share rose by 4.3 percent to 4.43 euros.

China prefers

There is little company-specific news, but general financial news today favors stocks and especially sectors of the Helsinki Stock Exchange.

In China, it was reported early in the morning about the stronger-than-expected economic growth in September-December. According to market commentators, this reinforces the perception that the country’s stimulus policy has been effective. This supports European stocks and especially those with strong links to China. On the Helsinki Stock Exchange, this can be seen, for example, in the good rise of engineering companies.

Globally, the stock market is now supported especially by the fall in US government bond interest rates. Interest rates are also falling in Europe. A week ago, interest rates rose sharply in reaction to a clearly stronger-than-expected US employment report. This week, the ten-year interest rate of the US federal government, an important benchmark for the stock market, has fallen so much since the end of the week that the entire interest rate peak has melted. The interest rate has dropped from Tuesday’s peaks by up to 20 percentage points to less than 4.6 percent.

The inflation statistics announced this week have shown a moderate rate of price increase. In addition, on Thursday evening, a member of the leadership of the United States central bank Christopher Waller hinted at a decrease in the key interest rate during the first half of the year. Waller emphasized that the inflation data was good and that the expected slowdown in inflation would enable reductions in the key interest rate

More leverage for Vaisalla

Yesterday, Inderes raised the one that issued a positive profit warning Vaisalan target price to 54.00 euros from 51 euros. The recommendation is still more. SEB repeated the buy recommendation and raised the target price to 59 euros from 56 euros. Vaisala’s share price rose by 6.35 percent to 53.60 euros.

Yesterday, Inderes raised the result data Duellin to the buy level of the recommendation from more level. The target price is still EUR 9.00. The share price rose by 1.6 percent to 7.52 euros.

Carnegie knows Return to the level of the stock’s recommendation buy, the previous one was hold. The target price remained unchanged at 32 euros. The share price rose by 3.0 percent to 28.18 euros.